The Average Retirement Age on the Rise
A vast majority of America’s elderly are pushing back their retirement age, even further as they fear they simply do not have the financial means to retire. The workforce labor participation rate of individuals 65 and over has reached an all time high of 20 percent. This brings rise to the question why now and what has changed for the 65 and over population? It is no secret that unemployment is also at an all time low, with the largest rise in employment going to those 65 or older with[…]
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